We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Mccarthy & Stone Plc | LSE:MCS | London | Ordinary Share | GB00BYNVD082 | ORD 8P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 119.80 | 119.80 | 120.00 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMMCS
RNS Number : 9108V
McCarthy & Stone PLC
11 April 2019
11 April 2019
McCarthy & Stone plc (the "Company")
Notification of Transactions by
Persons Discharging Managerial Responsibilities
Pursuant to the notification obligations under article 19.3 of the Market Abuse Regulation, the Company announces the following changes in the interests of directors and persons discharging managerial responsibilities ("PDMRs") in the ordinary shares of 8 pence nominal value in the Company ("Shares").
McCarthy & Stone plc Long Term Incentive Plan
On 11 April 2019, awards under the Company's Long Term Incentive Plan (the "LTIP") were made as set out below.
The awards were made as nil-cost options and are subject to the rules of the LTIP and will vest depending on performance against Earnings per Share ("EPS") and Return on Capital Employed ("ROCE") targets.
The performance conditions and targets for this LTIP grant are:
-- FY21 ROCE - Threshold: 14%, Target: 17%, Maximum: 20%; -- FY21 EPS - Threshold: 11.9.p, Target: 14.2p, Maximum: 16.6p.
The normal date of vesting for these nil-cost options will be 11 April 2022 and the last date for exercise will be 11 April 2029, with dividend equivalents payable in respect of the vesting of nil-cost options in accordance with the rules of the LTIP. These awards will be subject to a two-year post-vesting holding period.
1 Details of the person discharging managerial responsibilities/person closely associated a) Name Nigel Turner -------------------------------------------------------- ------------------------------------------------------- 2 Reason for the notification ----------------------------------------------------------------------------------------------------------------- a) Position/status Chief Operating Officer - Build -------------------------------------------------------- ------------------------------------------------------- b) Initial notification/Amendment Initial notification -------------------------------------------------------- ------------------------------------------------------- 3 Details of the issuer ----------------------------------------------------------------------------------------------------------------- a) Name McCarthy & Stone plc -------------------------------------------------------- ------------------------------------------------------- b) LEI 213800CEJ4OQ5YPU8Z37 -------------------------------------------------------- ------------------------------------------------------- 4 Details of the transaction ----------------------------------------------------------------------------------------------------------------- a) Description of the financial instrument, type of Ordinary Shares of 8 pence nominal value each instrument Identification code GB00BYNVD082 -------------------------------------------------------- ------------------------------------------------------- b) Nature of the transaction Grant of nil-cost option over Ordinary Shares under the McCarthy & Stone plc Long Term Incentive Plan -------------------------------------------------------- ------------------------------------------------------- c) Price(s) and volume(s) Price(s) Volume(s) GBP0.00. 344,037 -------------------------------------------------------- ------------------------------------------------------- d) Aggregated information- Aggregated volume 344,037 - Price GBP0.00 -------------------------------------------------------- ------------------------------------------------------- e) Date of the transaction 2019-04-11 -------------------------------------------------------- ------------------------------------------------------- f) Place of the transaction Outside a trading venue -------------------------------------------------------- ------------------------------------------------------- 1 Details of the person discharging managerial responsibilities/person closely associated a) Name Mike Lloyd -------------------------------------------------------- ------------------------------------------------------- 2 Reason for the notification ----------------------------------------------------------------------------------------------------------------- a) Position/status Chief Operating Officer - Services and Customers -------------------------------------------------------- ------------------------------------------------------- b) Initial notification/Amendment Initial notification -------------------------------------------------------- ------------------------------------------------------- 3 Details of the issuer ----------------------------------------------------------------------------------------------------------------- a) Name McCarthy & Stone plc -------------------------------------------------------- ------------------------------------------------------- b) LEI 213800CEJ4OQ5YPU8Z37 -------------------------------------------------------- ------------------------------------------------------- 4 Details of the transaction ----------------------------------------------------------------------------------------------------------------- a) Description of the financial instrument, type of Ordinary Shares of 8 pence nominal value each instrument Identification code GB00BYNVD082 -------------------------------------------------------- ------------------------------------------------------- b) Nature of the transaction Grant of nil-cost option over Ordinary Shares under the McCarthy & Stone plc Long Term Incentive Plan -------------------------------------------------------- ------------------------------------------------------- c) Price(s) and volume(s) Price(s) Volume(s) GBP0.00 344,037 -------------------------------------------------------- ------------------------------------------------------- d) Aggregated information- Aggregated volume 344,037 - Price GBP0.00 -------------------------------------------------------- ------------------------------------------------------- e) Date of the transaction 2019-04-11 -------------------------------------------------------- ------------------------------------------------------- f) Place of the transaction Outside a trading venue -------------------------------------------------------- -------------------------------------------------------
For further information, please contact:
Patrick Hole
Group General Counsel and Company Secretary
Telephone : 01202 508040
-- Ends --
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
DSHBGGDSXGBBGCB
(END) Dow Jones Newswires
April 11, 2019 06:06 ET (10:06 GMT)
1 Year Mccarthy & Stone Chart |
1 Month Mccarthy & Stone Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions